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Kenyans Feel The Pinch As Kerosene Price Reaches All-Time High, Ksh87

Kerosene will retail at Ksh87 in Nairobi after Energy Regulatory Commission (ERC)  increased retail price by Ksh3.

In a statement sent to newsrooms,ERC Director-General Robert Oimeke said that they had not factored in the proposals that were continued in the Finance Bill.

“In the pump prices published on 15th June 2018, the Energy Regulatory Commission did not factor the increase of Sh3.10 per litre in excise duty for Kerosene as proposed under the Finance Bill. The increased duty takes effect on 1st July 2018,” he said.

Read: Safaricom Hikes Mpesa Charges From July 1

Kerosene which is seen as an affordable fuel option by most low-income households will now retail at Ksh87.20 shillings in Nairobi, Sh84.42, Sh88.02 in Nakuru, Sh89.08 and Sh89.09 in Eldoret and Kisumu. The price of diesel and petrol remains the same.

The prices will become effective until mid-July when the regulatory body is expected to review the prices again.

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Francis Muli

Written by Francis Muli

Senior reporter at Kahawa Tungu, Muli has a passion for human interest stories. He believes in unearthing societal rots that have been hidden from the public eye. He has also carved himself a niche in writing business stories. He has worked for various organisations including Kenya Television Service, Business Today among others. Follow him on Twitter @FmuliKE.
Email: mulifranc2@gmail.com

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